WEC Energy (WEC) Tops Q1 EPS by 11c, Revenues Miss; Reaffirms FY20 EPS Outlook
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 7/23/2026
- Wall St falls as tech earnings spark AI spending worries; oil hits $100
- Google increases capex forecast again after cloud-driven quarterly beat
- As Musk pivots beyond cars, Tesla’s autos engine is under strain
- RTX stock jumps as company lifts guidance after Q2 beat
- Dollar hits new 40-year high versus yen, euro softer after ECB stands pat on rates
WEC Energy Group reports first-quarter results
May 4, 2020 7:00 AM EDTMILWAUKEE, May 4, 2020 /PRNewswire/ -- WEC Energy Group (NYSE: WEC) today reported net income of $452.5 million, or $1.43 per share, for the first quarter of 2020 up from $420.1 million, or $1.33 per share, for the first quarter of 2019.
Consolidated revenues totaled $2.1 billion, down $268.8 million from last year's first quarter.
"We delivered another solid quarter, despite mild winter temperatures and an economic downturn that began in late March as businesses closed to slow the spread of COVID-19," said Gale Klappa, executive chairman. "In the months ahead, we will continue to focus on employee safety and on... More
